Spent the day yesterday at CREB's Annual Forecast Conference. Some great takeaways to share, but overall – I am impressed with the resilience of the Calgary real estate market and all the fundamentals pointing towards a very strong market for 2024.
Spoiler alert – we're expected to see a +6.5% price increase in housing in 2024, based on CREB's estimates.
As I've mentioned before, the fundamentals will ultimately dictate price; it's not about timing the market for real estate, but time spent in the market.